WEDNESDAY, JANUARY 25, 2023
Renters insurance can help limit your out-of-pocket costs following a variety of covered accidents at your rented property. However, specific coverage offerings may vary, which is why it is vital to know what your renters insurance policy covers—particularly as it pertains to losses stemming from water damage. The Ed Weeren Insurance Agency agents can help you navigate the process of selecting a policy and understanding what it covers.

Does Renters Insurance Cover Water Damage?
Renters insurance generally covers losses arising from some forms of accidental water damage. For example, losses caused by a burst pipe would likely be covered. However, losses that arise due to negligence or instances such as floods or sewage overflow are usually not covered. To be insured against losses resulting from flood damage, you will likely have to secure a separate flood insurance policy.
What Does Renters Insurance Cover?
Renters insurance offerings differ between policies. In addition to financial protection for losses stemming from certain types of accidental water damage, here are some common coverage options:
- Personal property coverage can help pay the resulting repair or replacement costs if items kept inside your rented dwelling are damaged or stolen.
- Liability coverage can help pay for third-party medical expenses if someone gets injured inside your rented property.
- Additional living expense coverage can help pay for temporary living arrangements if you can’t live in your rented dwelling due to accident-related damage.
The agents at Ed Weeren Insurance Agency can help highlight potential coverage options to include in your renters insurance policy and provide you with guidance to protect your rented property from water damage.
Should I Get Renters Insurance?
Renters insurance can serve as an excellent form of financial protection against the costs resulting from damage to personal belongings kept inside your rented dwelling, among other covered accidents. Some landlords and homeowners associations may even require you to purchase a policy.
Where Can I Find Coverage?
If you are a tenant near Austin, Texas, the agents at Ed Weeren Insurance Agency can provide you with more details about renters insurance and how to insure your rented property against losses arising from water damage. Don’t hesitate to contact one of our agents.
For more information on renters insurance or to request a quote on a policy, call our agency today at 512-454-5266.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.
No Comments
Post a Comment |
Required
|
|
Required (Not Displayed)
|
|
Required
|
All comments are moderated and stripped of HTML.
|
|
|
|
|
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only.
It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
in your state. By using this blog site you understand that there is no broker client relationship between
you and the blog and website publisher.
|